Raymond James Maintains Strong Buy on Salesforce, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Peterson has reaffirmed a Strong Buy rating on Salesforce (NYSE:CRM) and increased the price target from $280 to $300.
November 30, 2023 | 8:17 pm
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Salesforce's Strong Buy rating is maintained by Raymond James, with a raised price target from $280 to $300, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Brian Peterson from Raymond James typically signals a bullish outlook on the stock, suggesting that Salesforce is expected to perform well in the market. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100